Obama Scorecard: Foreclosure programs aid 1.4 million homeowners

The March Housing Scorecard features key data on the health of the housing market and the impact of the Administration’s foreclosure prevention programs, including: Home prices showed large annual gains for the 12 months ending January 2013 and purchases of new homes and sales of existing homes continued to strengthen.

The cure to zombie foreclosures Back in 2016, the state of New York enacted “sweeping” new laws aimed at reforming the state’s foreclosure process and addressing the state’s issues with zombie homes. And Thursday, the New York.

Philadelphia’s population is approaching 1.6 million after falling as low as 1.4 million in. President Barack Obama has promised $320 million to Detroit, mostly through existing federal programs..

Will market turmoil drive the Fed to taper the taper? The Fed’s Bind: Tapering, Timetables and Turmoil There are striking parallels between the dramatic recent sell-off in U.S. Treasuries and the Great Bond Crash of 1994. But the summer of volatility now facing financial markets is no doomsday scenario. Instead, it puts the U.S. Federal Reserve in a bind.Fremont Unloads $4 Billion in Whole Loans Firm claims 75% of mortgage assignments invalid in Mass. county > Ask an Attorney Q&A’s > Real Estate license law legal FAQs; Legal FAQ’s. My brokerage firm handles property management for an apartment complex that is primarily rented to students of the local university. We want to offer a $45 gift certificate to any tenant who refers college classmates to our apartment complex.. She claims she doesn.Fremont Unloads $4 Billion in Whole loans payton contents Real estate markets (including las Real estate markets (including Million pretax loss Nov. 14 fha 2.6 billion credit line.

To make amends for his damaging disparagements of business conventions in Las Vegas, Obama went there shortly after announcing the deficit commission and announced a $1.5 billion program for housing.

Masto opposes provision of settlement with big banks Zillow: Housing recovery slows to steadier pace After a somewhat slow first quarter, the national housing recovery took the pace up a few notches in Q2, Zillow reported. According to the company’s second-quarter real estate market reports, the U.S. Zillow Home Value Index (HVI) rose to $161,100 as of the end of June-up 2.4 percent quarter-over-quarter and 5.8 percent year-over-year.And she led the fight against foreclosure fraud, securing an estimated $1.9 billion from big banks on behalf of Nevada homeowners as part of the National Mortgage Settlement. Prior to her service as Attorney General, Cortez Masto worked as an Assistant County Manager for Clark County, Nevada.

Nancy Patricia Pelosi (/ p l o s i /; née D’Alesandro; born march 26, 1940) is an American politician serving as speaker of the United States House of Representatives since January 2019. First elected to Congress in 1987, she is the only woman to have served as speaker and is the highest-ranking elected woman in United States history. Pelosi is second in the presidential line of.

Regulators approve Volcker Rule after years of deliberation After more than two years crafting the complex reform, five regulatory agencies signed off on the roughly 900-page rule with new narrower exemptions for legitimate trades. Former Federal Reserve.

The housing scorecard is a comprehensive report on the nation’s housing market. "The Obama Administration’s broad set of programs have helped promote stability for the housing market, neighborhoods, and the nation’s homeowners, but there is much more work to be done," said HUD Assistant Secretary Raphael Bostic.

Affordable, Hardest Hit Fund, Emergency Homeowners Loan programs, and the HOPE Now alliance, more than 5 million homeowners have been helped to avoid foreclosure since April 2009, as reflected in the most recent Obama Administration Housing Scorecard.

 · The Obama administration’s struggle to stem the U.S. foreclosure crisis illustrates how high household debt can slow recovery from a deep recession, according to the International Monetary Fund. The global lending organization cited the failure of the administration’s signature foreclosure-prevention program in a report it released on household debt.

Homeowner Assistance Expanded More than 5 million mortgage aid arrangements were started between April 2009 and the end of July 2011. While some homeowners may have received help from more than one program, the total number of aid offers is more than double the number of foreclosure completions for the same period (2.2 million).

State ends federal foreclosure aid with millions unspent. Article Courtesy of The Orlando Sentinel. By mary shanklin. published February 4, 2018. Florida on Wednesday will close its three largest Hardest Hit federal housing-aid programs – years early – with $88 million left unspent.